1,720,984 research outputs found

    Asset pricing, real estate and public finance over the crisis

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    During the crisis the asset management is affected by a lack of investors' confidence and an increase of risk exposure for all financial instruments traded and investor need more efficient solution for constructing and managing their investment portfolio. The real estate market was the source of the financial crisis development and the main limits of the market could be ascribed to the low quality of the information available, the investment strategies adopted by the managers and the mistakes done in evaluating the risk exposure. Due to the crisis, financial resources available for the public sector are lower and Public entities have to develop new instruments for collecting financial resources and to take care about the market reaction to their investment and expenditure policies. The book provides an original analysis of the effect of the crisis in the three sectors and points out the new instruments or approaches proposed in order to avoid the development of a new crisi

    Financial systems in troubled waters: information, strategies, and governance to enhance performances in risky times

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    This collection considers the financial crisis from a managerial perspective, focussing on the business implications for the financial industry. Topics examined include governance, information needs and strategy of financial intermediaries and investors. The contributions build on the existing literature and present some unique insights on governance, credit quality evaluation and performance measurement. In a fast growing or steady market, it is possible for even an inefficient financial system to satisfy investors’ and firms’ needs. However, the current financial crisis has brought into sharp relief the limits of the inefficient practices adopted by the market, and made clear the importance of developing more effective governance mechanisms, more detailed and complete information databases and new strategies. The crisis has also brought to the fore issues about the governance of financial intermediaries that had not been previously addressed. These include board diversity, internal monitoring procedures and the existence of interlocking directorates. More broadly, the financial crisis has radically altered the international framework, with an increasingly consolidated financial sector, and the rise of new markets (such as China) that now play a predominant role in the worldwide market. Studies on the competition and on the performance in this new scenario are essential in order to understand the implications of recent event

    Performance and governance in investment management companies

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    During the crisis the asset management is affected by a lack of investors' confidence and an increase of risk exposure for all financial instruments traded and investor need more efficient solution for constructing and managing their investment portfolio. The real estate market was the source of the financial crisis development and the main limits of the market could be ascribed to the low quality of the information available, the investment strategies adopted by the managers and the mistakes done in evaluating the risk exposure. Due to the crisis, financial resources available for the public sector are lower and Public entities have to develop new instruments for collecting financial resources and to take care about the market reaction to their investment and expenditure policies. The book provides an original analysis of the effect of the crisis in the three sectors and points out the new instruments or approaches proposed in order to avoid the development of a new crisis

    Evaluating scientific journals: properties, limits and conditions of effectiveness of classification methodologies

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    During last years a large debate was developed among academics about research evaluation procedure. Approaches proposed in literature considers quantitative and/or qualitative aspects of each journal but each methodology has limits and characteristics high heterogeneous. The meaning and implication of results achieved with a ranking procedure is strictly influenced by the approach selected for the journal evaluation. The paper presents a literature review of the main qualitative and quantitative approaches proposed for journal ranking focusing the attention on the main differences of approaches. The study is completed with an empirical analysis on the database Thompson Scientific, one of the main provider of quantitative rankings. The analysis considers the characteristics of quantitative rankings proposed, look at the qualitative characteristics of best and worst ranked journals and compares results obtained with those achieved by an international qualitative survey (Harzing database). Results obtained demonstrate the low degree of coherence of ranking based on different approaches and point out some risks related to the use of these approaches to evaluate research

    La valutazione delle riviste scientifiche: proprietà, limiti e condizioni di efficacia delle metodologie di classificazione

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    La classificazione delle riviste scientifiche rappresenta un tema molto dibattuto e la ricerca di metodologie convincenti per la definizione di adeguati ranking delle riviste, specie al fine di valutare la qualità della produzione scientifica, è stata oggetto di una vasta letteratura internazionale. Gli studi disponibili hanno proposto una grande varietà di approcci, qualitativi e quantitativi, caratterizzati da valore segnaletico e da limiti molto differenziati. Il lavoro propone una review della letteratura, relativa alle finalità, alle caratteristiche ed ai limiti degli indicatori per la classificazione delle riviste, e presenta una verifica empirica centrata sul confronto tra i risultati delle classificazioni compiute con i diversi approcci metodologici. L’indagine compiuta segnala, fra l’altro, una bassa uniformità nei ranking delle riviste e suggerisce cautela nell’utilizzo dei risultati di classificazioni di questa natura per valutare la qualità della ricerca scientifica

    Piccolo è bello? Strategie di sopravvivenza per i centri minori

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    I centri storici minori, convenzionalmente definiti dalla soglia demografica di cinquemila abitanti, costituiscono un universo problematico, in relazione a criteri di datazione discutibili e perimetrazioni continuamente poste in discussione. Essi si differenziano per storia, qualità urbana, stato di conservazione e “trasformabilità”, ma anche per livelli di autonomia o dipendenza da altri insediamenti, e variamente condividono condizioni di spopolamento, invecchiamento e arretratezza, scarse opportunità di lavoro e di welfare e “distanza” dalle aree più dinamiche. Con riferimento caso dell’Italia centrale e della Transilvania rumena si sottolinea la necessità che i centri minori siano oggetto di agende di programmazione di livello almeno regionale. La questione tutta “tecnica” del recupero, che chiama in causa l’accessibilità, l’impatto della tecnologia e la definizione di un rapporto qualitativo, alla piccola e piccolissima scala, tra spazio pubblico e spazio costruito, non è secondaria, ma non può prescindere da una strategia territoriale in grado di validare principi e criteri di una “conservazione programmata”

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    Variations on the Author

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    “Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
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